In Markham, a House Should Be for Living — Not Just a Bet on the Market
In today’s market, too many people are treating homes like stocks — trying to time their entry, analyzing macro events, and waiting for the "perfect" moment to buy. But let’s not forget: a house is first and foremost a place to live.In today’s market, too many people are treating homes like stocks — trying to time their entry, analyzing macro events, and waiting for the "perfect" moment to buy. But let’s not forget: a house is first and foremost a place to live.
In Markham, where families come for the schools, community, and long-term security, the current hesitation feels out of sync with what housing is supposed to be.
Over the past two years, prices in Markham have dipped modestly — around 5%. Yet behind this small decline lies a striking pattern: this past month saw the highest number of new listings in recent years and the lowest number of homes sold for the same period. Buyers aren’t walking away — they’re just waiting. But what exactly are they waiting for?
Much of this hesitation comes down to uncertainty — and not just about real estate. The global climate is shifting. Trade wars are back in the headlines, and with Trump possibly returning to the political stage, many believe the uncertainty won’t just last for months — it could stretch on for years.
These macroeconomic pressures don’t just affect businesses. They trickle down into consumer behavior. When business leaders hesitate to invest in the future, homebuyers often follow. They delay home purchases, second-guess their financial decisions, and start treating homes as risky bets rather than living necessities.
Interestingly, this cautious outlook seems even more noticeable in the Chinese community here in Markham. Whether it’s concern over geopolitical tension, economic slowdowns, or currency fluctuations, there’s a sharper sensitivity to instability — especially when it comes to large, long-term decisions like homeownership.
But here’s the thing: this kind of uncertainty might not clear up anytime soon. And if you're holding out for a moment when the world feels completely stable, you could be waiting a very long time.
Meanwhile, life goes on. Kids grow, families evolve, needs change. And when you need a place to live, to grow roots, and to call your own, the market shouldn’t be the only voice in your head.
During the early COVID period, we saw people buy homes not because prices were low, but because they were chasing stability and safety. That human instinct — the desire for space, security, and peace of mind — is still valid today.
Now, in 2025, the environment has shifted again: mortgage rates have dropped, monthly payments are more manageable, and inventory levels are the highest in years. This is one of the best times in recent memory to find the right home without battling against intense competition.
Across the GTA, we’re seeing the same pattern: soft sales, rising inventory, and flat prices. But in Markham, where demand for quality family homes remains strong long-term, this window won’t stay open forever.
Some of the homes I’ve sold recently had multiple offers — not from investors, but from families ready to move forward with their lives.
Because that’s what a home is about. It’s not a trade. It’s a life decision.
So yes — the market may be uncertain. The world may feel unsettled. But your personal timeline matters more. Don’t let fear or headlines delay what’s best for your family.
Now may be the right time — not because of the market, but because your life is ready for it.
- 183 Willowdale Ave
Toronto, ON, M2N 4Y9, Canada - 647-877-9311
- alan@mycanadahome.ca
- www.mycanadahome.com
